The UK
UK Fintech Hiring to Rise 32% on Compliance And Cyber Demands Despite Market Chaos
- Risk management and cybersecurity roles drive recruitment boom as regulatory pressure mounts.
- Despite challenging economic conditions and reduced venture capital funding, the sector is making strategic investments.
Tuesday, 27/05/2025 | 11:07 GMT by
Damian Chmiel
“Decreasing Regulatory Burden is a Focus” in Market Overhaul, Says FCA's Holland
- The UK's watchdog Director Dominic Holland announced the regulator's commitment to “rebalancing risk across the industry.”
- It wants to become a “smarter regulator: predictable, purposeful and proportionate” through reduced compliance burdens.
Monday, 26/05/2025 | 07:42 GMT by
Damian Chmiel
Crypto Derivatives Get FCA Approval in UK as Trading Venue GFO-X Launches for Institutions
- It comes shortly after the UK Financial Conduct Authority lifted its 2020 ban on institutional crypto derivatives trading.
- The first trade on GFO-X was between Virtu Financial and IMC and was cleared through DigitalAssetClear.
Tuesday, 13/05/2025 | 13:57 GMT by
Jared Kirui
UK Targets Crypto Exchanges With New Rules as Adoption Triples to 12%
- Crypto ownership in the UK has increased significantly, rising from 4% in 2021 to 12% in 2024.
- The proposed rules would require crypto exchanges operating in the UK to meet transparency, consumer protection, and operational resilience standards.
Tuesday, 29/04/2025 | 15:54 GMT by
Jared Kirui
FCA Plans to Remove “Imprecise” Transaction Cost Disclosures for 12.6 Million UK Investors
- The regulator wants to eliminate requirements to calculate and disclose “implicit” transaction costs like bid-ask spreads.
- The proposal is part of a broader overhaul of the UK's investment disclosure regime, replacing EU-era rules with a simplified framework.
Wednesday, 16/04/2025 | 08:29 GMT by
Damian Chmiel
Capital.com Aims to Support The UK Fintech Growth amid Global Funding Slowdown to 7-Year Lows
- The company has joined TheCityUK and UK Finance as part of its engagement with the UK financial services sector.
- The UK is a global leader in fintech funding, second only to the United States.
- However, 2024 statistics paint an unfavorable picture, showing a decline in capital interest to its lowest levels since 2017.
Monday, 31/03/2025 | 09:15 GMT by
Damian Chmiel
Upvest Targets £430 Billion UK Investment Gap, Hires Former Starling Bank Exec
- Investment infrastructure provider is expanding into the UK market, appointing Symmie Swil as UK General Manager.
- The Berlin-based fintech processes over 2 million weekly investment orders and plans to triple this volume by year-end.
Monday, 24/03/2025 | 07:47 GMT by
Damian Chmiel
10 Cases vs. 250,000 Scams: The Math That Doesn't Add Up in UK's Fraud War
- Despite handling thousands of scam cases, the new platform introduced in October 2024, handled just a few of them.
- Most financial institutions continue using legacy systems instead of adopting the Payment Systems Regulator's new platform.
Wednesday, 26/02/2025 | 11:16 GMT by
Damian Chmiel
£430 Billion Sitting Idle: Two in Five Brits Say Investing Is Harder Than Changing Careers
- According to Barclays’ research, around 1.5 million UK investors waited over a year before making their first investment.
- Younger generations prioritize saving for homeownership over investing, with 45% of 18-34-year-olds focusing on house deposits.
Tuesday, 25/02/2025 | 13:37 GMT by
Jared Kirui
FCA's Consumer Duty Adds Costs, Making London the Most Demanding Market for Retail Firms
- More than a year after its implementation, the new rules increased compliance costs by 25% in some cases.
- However, the regulator lacks a broker monitoring system, making it hard to track if firms move to less regulated markets.
Thursday, 19/12/2024 | 08:46 GMT by
Paul Golden
9 in 10 UK and US Firms Overhaul FX Hedging Plans Following Donald Trump’s Election Win
- MillTechFX’s quarterly report revealed that more firms are increasing hedge ratios and extending hedge durations to manage currency risks.
- UK companies reportedly show greater optimism about the economic environment under Trump than their US counterparts.
Wednesday, 27/11/2024 | 17:55 GMT by
Jared Kirui
FCA Begins £1 Trillion Market Reform That May Affect Every UK Investor
- FCA launches consultation to transfer EU investment firm rules into its handbook, preparing for future reforms.
- The overhaul affects thousands of UK firms and traders and marks a key step in post-Brexit regulation modernization.
Wednesday, 27/11/2024 | 10:34 GMT by
Damian Chmiel
FCA Reduces Enforcement Timelines by Nearly 70%, Targets Financial Crime and Innovation
- The regulator mentioned that recent cases were closed in 13 months from the previous average of 42 months.
- The FCA is now exploring digital identity tools to streamline anti-money laundering processes without compromising security.
Tuesday, 26/11/2024 | 17:29 GMT by
Jared Kirui
7th Largest Crypto Exchange Relaunches in The UK Market, Offering 150+ Tokens
- Bitget is back in the country after fully complying with the newest crypto and financial promotions regulations.
- The UK clients could help expand the current user base of 45 million and boost trading volumes even further.
Tuesday, 12/11/2024 | 10:00 GMT by
Damian Chmiel
FCA's New Disclosure Rules: What Every Regulated Firm Must Know Now
- The regulator implements reform of enforcement disclosure procedures following the Upper Tribunal recommendation.
- Changes include broader document review standards and enhanced staff training.
Monday, 11/11/2024 | 15:54 GMT by
Damian Chmiel
The UK Regulator Opens Doors for GTN's European Growth Push
- The company has secured FCA authorization, expanding its regulatory footprint.
- This move enables GTN to offer Tripartite Model B services, strengthening its position in the financial services sector.
Wednesday, 06/11/2024 | 09:43 GMT by
Damian Chmiel
FCA License Holders: Your 12-Month Countdown to New Market Rules Begins
- The regulator has unveiled major reforms to the bond and derivatives market, aiming to strengthen the UK's position as a global financial hub.
- The changes, effective December 2025, will simplify reporting requirements while improving investors' access to market data.
Tuesday, 05/11/2024 | 10:56 GMT by
Damian Chmiel
FCA Has No Intention of Easing Its “Too Tough” Approach to Crypto Regulations
- Crypto innovations built on unsafe or unregulated bases, like houses built on sand, are likely to collapse.
- The market watchdog aims for “a crypto sector that's built on reliable, sturdy foundations” instead.
Monday, 21/10/2024 | 10:01 GMT by
Damian Chmiel
This London Man's £2.6M Crypto ATM Scheme Just Blew Up in His Face
- The UK's watchdog has charged a 45-year-old businessman for operating illegal BTC machines.
- It marks FCA's first criminal prosecution for unregistered crypto activities in the ATM sector.
Tuesday, 10/09/2024 | 09:14 GMT by
Damian Chmiel
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